Latest news
Viva Energy signs up partners to develop LNG terminal at Geelong
One of the consortiums is comprised of ENGIE SA's local unit and Japan's Mitsui & Co, while the other is made of Dutch energy and commodities trader Vitol and energy storage provider VTTI, Viva Energy said
read more... 07/12/2020
Daily (04.12.2020): Oil prices hit their highest levels since March after OPEC agreed to gradually increase production
Crude oil futures jumped to their highest levels since March after OPEC+ agreed to gradually return to the market 2 million barrels per day expected early next year, starting with 500,000 barrels per day in January, at the end of four days tough negotiations. The deal is a compromise meant to allow its members to benefit from rising prices without flooding the market. Hence, Brent crude increased by 1% to settle at $48.71 a barrel. Meanwhile, U.S. WTI crude rose by 0.8% to end at $45.28 a barrel.
read more... 04/12/2020
UK steps up emissions goals to require a 68% reduction by 2030
The ambitious goal comes despite the CCC having previously warned the government that the UK is not on track to hit its existing fifth carbon budget target
read more... 04/12/2020
Denmark to end oil and gas hunt in North Sea in 2050
Denmark’s government on Thursday agreed with a majority in parliament to put and end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.
read more... 04/12/2020
Russia's Yamal LNG train 4 to produce first LNG in Q1 2021
Russian LNG exporter Novatek expects to produce the first LNG from the fourth train of its Yamal LNG project in northern Russia in the first quarter of 2021, CFO Mark Gyetvay said Dec. 3.
read more... 04/12/2020